In trading on Monday, shares of the NYLI Merger Arbitrage ETF (Symbol: MNA) crossed below their 200 day moving average of $36.12, changing hands as low as $36.10 per share. NYLI Merger Arbitrage shares are currently trading off about 0.9% on the day. The chart below shows the one year performance of MNA shares, versus its 200 day moving average:
Looking at the chart above, MNA's low point in its 52 week range is $34.91 per share, with $37.19 as the 52 week high point — that compares with a last trade of $36.04.
Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »
Further MNA Research:
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